ProTradeProfessor

ProTradeProfessor Updated  May 23

GBPNZD ; after series of HH and HL, now is the time for the market to take some reversal. market has formed divergence on 30 M time frame. we can see formation of Bearish Wedge patter which is a strong indication of up-trend getting weaker. Once, market breaks the LH we can enter into the market. we have got projection on the charts (thanks to wedge pattern)...

ProTradeProfessor May 22

USDCHF - currently the pair is in consolidation phase, followed by RSI Bullish Divergence and A wedge pattern. These two formations followed by a Bearish trend gives us an indication that market will take a bull run after accumulating positions. we plan our entry as follows. Entry Point : After break of Resistance level (LH) TP1 : with a risk to reward of 1:1...

ProTradeProfessor May 22

Strong confluences on 1D time frame for the Bullish BIAS on this pair. 1- RSI divergence 2- Formation of HH and HL 3- Bullish Trend Line 4- Hammer Candle stick pattern formation 5- Double Bottom we anticipate the market to remain in Bull phase. Entry point is market with TP1 and TP2 as R:R of 1:1 and 1:2 respectively. Keep you Stop loss slightly below the...

ProTradeProfessor May 21

Market is making a series of LH and LLs- Market has rejected from trend line resistance. Bearish Engulfing candle formation is a strong confluence of market bearish trend. we can instant enter in the market, SL would be slightly above Last confirmed LH and TPs would be with R:R of 1:1 and 1:2 respectively.

ProTradeProfessor May 21

NASDAQ ; after forming series of HH and HLs is seem to be in distribution phase, we can see Divergence on RSI followed by Double TOP pattern which is a strong confluence for Reversal Pattern we have a trade plan with our entry , once the accumulation phase (strong support) is broken as mentioned as ENTRY POINT (Sell Stop order) once our order is triggered we can...

ProTradeProfessor May 21

EURAUD in a bullish trend expects making a series of LH and LL, before proceeding of big rally. we take the entry on break of HL and TPs as 1:2 and 1:1.

ProTradeProfessor Updated  May 19

EURJPY is making a series of LH and LL, however with formation of divergence it has slightly broken the Last LH and almost bounced back from Resistance level of 0.618 FIB level, which is a strong resistance level. we anticipate that, price if breaks the LH / 0.618 resistance level then it will easily hit TP1 and TP2

ProTradeProfessor Updated  May 16

Bullish Indicators: 1- Market is respecting trend line support 2- Market is respecting major support level 3- FIB 0.618 level coincide with the Trend line support 4- Series of HH and HL (HL is froming) 5- Formation of Inside bar (Bullish Harami) Candle stick on 1H time Frame

ProTradeProfessor May 15

Bearish Indicators : 1- LH and LL 2- Market is respecting Bearish trend line resistance 3- Market is respecting 0.618 level of FIB level 4- Formation of shooting star candle stick from fib / trend line level Happy Trading, wait and watch your TPs getting Hit !!!!

ProTradeProfessor May 14

Hello Dear Traders, EURUDS bias is Short based on following confluences The first thing to note is that market has respected BEARISH TRENDLINE resistance followed by rejection from MAJOR RESISTANCE LEVEL, which is also a FIB golden level of 0.382. based on this, if market breaks the MINOR support level which is also 0.68 level of FIB then we can sell short...

ProTradeProfessor Updated  May 14

based on strong sentiments at bullish side and strong bullish divergence, the pair seems to be bullish shortly. Market once breaks the last LH we can enter into the market with defined TPs and SL. HAPPAY TRADIND GUYZ !

ProTradeProfessor Updated  May 14

HI Guyz, Based on sentiments of traders across the globe , 93 % of the traders are currently looking at selling the AUDCAD. I anticipate this would retrace to the 0.382 Level of FIB and take this opportunity to short sell. Formation of Shooting Star candle stick pattern further confirms the possibility that HH is formed and now it will take corrective move....

ProTradeProfessor May 12

Divergence in play, bearish divergence , As the Series of HH and HL in progress, but we can see bearish divergence on RSI, which indicates short terms disruption in market. once the markets continues trend or breaks HL then we can decide our price action

ProTradeProfessor May 12

Market is in bullish trend with a trend line respect- Entry Point at Fib Golden Level 0.382 and SL below last LH and TP 1 and TP2 (1:1) and (1:2)

ProTradeProfessor May 11

Bearish Indicators: 1- LH and LL 2- Trend line respect 3- Shooting Star Candle stick pattern Remarks: Market is in Bearish Trend, it can be seen market respected Trend line resistance followed by shooting star candle stick pattern, which means, it will keep continuing down trend, TPs and entry price are mentioned with R:R of 1:2

ProTradeProfessor May 11

Bearish Indications: 1- LH and LL 2- Trend line respect 3- Formation of Inverted Hammer candle at trendline resistance SELL SHORT (Instantaneous entry) Entry Point : 1.12459 Stop Loss : 1.13242 TP1: 1.11642 TP2: 1.10896

ProTradeProfessor Updated  Mar 20

Gold Shows Strong signs of Bullish Trend Continuation. Bullish Confluences Shows 1- Continuation of HH and HLs. 2- Market is testing and respected Strong Support Level of 0.236 of Fib Level The only Bearish Indicator is Divergence of 1H time Frame, which can show temporary correction till trend line support . ENTRY : If market breaks HH then it will test...

ProTradeProfessor Mar 14

CADCHF Shows Bullish Weights More than Bears !!!! Bullish Confluences: 1- Bullish Divergence 2- Major Support Level Testing and Breaking 3- LH Broken 4- Bearish Wedge Pattern 5- Sentiments of Long are > 90 percent 6- Completion of AB=CD pattern TRADE PLAN : Enter into the market at Current market price and take profit on defined FIB level as TP1 TP2 and...